2021. The tittle says everything. This essay may also be an introduction to economic development and Latin America. Texto para Discussão EESP/FGV 554.
NEW-DEVELOPMENTAL THEORY (NDT)
ND - POLITICAL ECONOMY - ALL TEXTS
2021-O professor mergulha na economia e na política do Brasil. Uma verdadeira aula. 40 anos de quase-estagnação. O Novo Desenvolvimentismo. Entrevista a João Victor Santos do Instituto Humanistas Unissinos, 1.10.2021.
2021. Rentier capistalists don't command capital accumulation and innovation. Managers do that. Neoliberal capitalism is changing into a managerial capitalism, while democracy is checking the threat represented by right-wing populism. RAE - Revista de Administração de Empresas, 61 (3), 2021: 1-11. Portuguese version available
2021. Rentier capistalists ceased to command accumulation of capital and innovation. Managers do that. Neoliberal capitalism is changing into a managerial capitalism in which technobureaucrats assumed this role, while democracy is checking the threat represented by right-wing populism. RAE - Revista de Administração de Empresas, 61 (3), 2021: 1-11. English version available
2021. Uma quase-aula sobre a Economia Política Novo-Desenvolvimentista no quadro do imperialismo americano e da crise do neoliberalismo. (No portal da Associação Mais Brasil, YouTube)
2021. The liberal policy regime is incompatible with growth in Latin America. (Paper with Carmem Feijó and Eliane de Araújo to be published in Oxford Handbook on Secular Stagnation).
Working paper EESP/FGV 541, February 2021.
2021. Around 1980 China made the right choice of economic policy regime (developmentalism) and the US, the wrong choice. This is one of the reasons for the US losing gradually hegemony to China. (Chapter of a book being written)
2020. Para Bresser-Pereira, com pensamento liberal não pode haver crescimento. Por isso, reedita sua tese novo-desenvolvimentista e assegura que imprimir moeda não é sinônimo de inflação descontrolada (Entrevista para Unisinos).
2019. This is the best summary of the economics and political economy of New Developmentalism. (Cambridge Journal of Economics)
2019. All industrial revolutions happened in the framework of a developmental state. We can distinguish in history four basic models of developmental state.
2019. All industrial revolutions happened in the framework of a developmental state. We can distinguish in history four basic models of developmental state. English version available. (Papers)
2019. All industrial revolutions happened in the framework of a developmental state. We can distinguish in history four basic models of developmental state. Spanish version available(Papers)
2019. Economic growth involves increase of real wages. Which are not detemined by the subsistence level of the workers but from their cost of reproduction that increase with the value-added per capita, while the profit rate remains satisfying - enough to lead companies to invest. Paper (Nova Economia)
2019. Com Cícero Araújo. The neoliberal project failed. Is the alternative project - a developmental project - to succeed in the framework of globalization? (Paper: Dados)
2019. The Capitalist Revolution envelops the Commercial Revolution, the formation of the nation-states, and the industrial revolution. England was the first nation to "complete" it. After each country makes the Capitalist Revolution, economic development begins and turns self-sustained. (paper)
2018. Rentiers, the inheritors of the entrepreneurs, and financiers, a special type of technobureaucrats, are the fuling classes in contemporary capitalism; neoliberalism is their ideology. The financiers manage the wealth of the idle rentiers and act as organic intellectuals of this very narrow class coalition. (Revista de Estudos Avançados,USP)
2018. Developmentalism is the twin brother of economic nationalism, as it is the ideology of development geared toward industrialization that assumes a moderate state intervention in the economy and the defense of national interest in a world in which competition between nations is stronger than cooperation. (Paper in Economia e Sociedade; English version also in this site).
2017. Capitalism and the state are either developmental, or liberal. Developmentalism and economic liberalism are two forms of coordinating capitalism. Capitalism was born developmental anywhere, in England or in the US, in Germany or in Brazil, in Japan or in China. (paper: Brazilian Journal of Political Economy)
2018. An encompassing paper on economic nationalism, its relation to developmentalism. Why it is a condition of growth in a world where nation-states rather compete than cooperate. (Paper in t, Turkish journal. Portuguese version also in this site)